NAVIGANT

Charter #62882 | RI

3B-5B (76 CUs) Mid-Market (380 CUs)
2 3B-5B in RI

NAVIGANT has 4 strengths but faces 6 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 16.8% in tier
  • + Strong member growth: 7.2% YoY
  • + Loan-to-Member Ratio (LMR): Top 3.9% in tier
  • + Average Member Relationship (AMR): Top 6.6% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 10.1% in tier
  • - Growth-at-Risk: Bottom 13.0% in tier
  • - Credit Quality Pressure: Bottom 16.6% in tier
  • - Indirect Auto Dependency: Bottom 27.1% in tier
  • - ROA 0.18% below tier average
  • - Efficiency ratio 3.31% above tier (higher cost structure)

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (RI) National Avg Tier Percentile
Members 166,465
+7.2% YoY+1.3% QoQ
 -72.0K 238,465
+0.6% YoY
 35,904
+9.4% YoY
 33,089
+6.1% YoY
 Bottom 13.2% in tier
Assets $4.1B
+5.5% YoY+2.7% QoQ
 +$123.3M $4.0B
-0.1% YoY
 $771.6M
+10.6% YoY
 $547.7M
+7.8% YoY
 54th in tier
Loans $3.6B
+8.5% YoY+2.3% QoQ
 +$538.9M $3.0B
+3.3% YoY
 $651.4M
+12.0% YoY
 $388.7M
+8.6% YoY
 Top 18.4% in tier
Deposits $3.6B
+5.8% YoY+2.8% QoQ
 +$225.4M $3.3B
+1.1% YoY
 $641.8M
+11.9% YoY
 $464.6M
+9.3% YoY
 66th in tier
ROA 0.6%
+37.0% YoY+14.8% QoQ
 -0.2% 0.7%
+5.3% YoY
 0.5%
-21.3% YoY
 0.7%
+273.4% YoY
 30th in tier
NIM 2.7%
+15.2% YoY+1.7% QoQ
 -0.5% 3.2%
+13.7% YoY
 2.9%
+1.1% YoY
 3.7%
+5.0% YoY
 Bottom 19.7% in tier
Efficiency Ratio 74.6%
-7.4% YoY-1.9% QoQ
 +3.3% 71.3%
-0.6% YoY
 83.0%
+4.4% YoY
 79.1%
-3.3% YoY
 63rd in tier
Delinquency Rate 0.5%
+26.1% YoY+12.9% QoQ
 -0.4 0.8%
+15.9% YoY
 0.5%
-36.2% YoY
 1.2%
-0.9% YoY
 36th in tier
Loan To Share 100.0%
+2.6% YoY-0.5% QoQ
 +9.1% 90.8%
+2.0% YoY
 78.6%
+0.3% YoY
 68.0%
-1.7% YoY
 74th in tier
AMR $42,750
-0.1% YoY+1.3% QoQ
 +$14K $29,088
+0.1% YoY
 $26,126
+7.2% YoY
 $19,418
+1.3% YoY
 Top 7.9% in tier
CD Concentration 29.8%
-11.6% YoY-4.1% QoQ
 +0.9% 29.0%
+0.8% YoY
 27.4%
+6.5% YoY
 19.6%
+6.2% YoY
 55th in tier
Indirect Auto % 21.8%
+1.9% YoY-0.9% QoQ
 +3.0% 18.8%
-2.8% YoY
 10.6%
+7.4% YoY
 7.9%
-2.9% YoY
 62nd in tier

Signature Analysis

Strengths (1)

Organic Growth Engine

growth
#123 of 246 • Top 16.8% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 7.17%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Return on Assets: 0.57%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 21.79%
(Tier: 18.80%, National: 7.90%)
but worse than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank worsening

Concerns (4)

Liquidity Strain

risk
#54 of 183 • Bottom 10.1% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 99.98%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 8.48%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 CUs YoY | Rank improving

Growth-at-Risk

risk
#73 of 161 • Bottom 13.0% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 8.48%
(Tier: 6.14%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.10% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
161 of 380 Mid-Market CUs have this signature | 646 nationally
↓ Shrinking -30 CUs YoY | Rank improving

Credit Quality Pressure

risk
#128 of 217 • Bottom 16.6% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 0.10% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | Rank improving

Indirect Auto Dependency

risk
#168 of 202 • Bottom 27.1% in tier

Significant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.

Why This Signature
Asset Growth (YoY): 5.47%
(Tier: 5.36%, National: 3.04%)
but better than tier avg
Indirect Auto %: 21.79%
(Tier: 18.80%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 7.17%
(Tier: 3.18%, National: 9.37%)
but better than tier avg
202 of 380 Mid-Market CUs have this signature | 768 nationally
↓ Shrinking -7 CUs YoY | Rank worsening

Metric Rankings

See how this credit union ranks across all tracked metrics compared to peers.

Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)

Comparing against 76 peers in tier

Top Strengths (6 metrics)

4
Loan-to-Member Ratio (LMR)
engagement
Value: $21,373
Peer Avg: $13,761
#4 of 76 Top 3.9% in 3B-5B tier
6
Average Member Relationship (AMR)
engagement
Value: $42,750
Peer Avg: $29,088
#6 of 76 Top 6.6% in 3B-5B tier
13
Member Growth Rate
growth
Value: 7.17%
Peer Avg: 7.02%
#13 of 76 Top 15.8% in 3B-5B tier
14
Total Loans
balance_sheet
Value: $3.56B
Peer Avg: $3.02B
#14 of 76 Top 17.1% in 3B-5B tier
15
Net Charge-Off Rate
risk
Value: 0.24%
Peer Avg: 0.64%
#15 of 76 Top 18.4% in 3B-5B tier
20
Loan-to-Share Ratio
balance_sheet
Value: 99.98%
Peer Avg: 90.85%
#20 of 76 Top 25.0% in 3B-5B tier

Top Weaknesses (3 metrics)

66
First Mortgage Concentration (%)
balance_sheet
Value: 52.90%
Peer Avg: 34.35%
#66 of 76 Bottom 14.5% in 3B-5B tier
66
Total Members
engagement
Value: 166,465
Peer Avg: 238,466
#66 of 76 Bottom 14.5% in 3B-5B tier
61
Net Interest Margin (NIM)
profitability
Value: 2.67%
Peer Avg: 3.20%
#61 of 76 Bottom 21.1% in 3B-5B tier